Rigs_and_Vessels

Pemex piles on pain for Mexico's contractors

Fears contractual suspensions and deferred payments could tip scores of suppliers into bankruptcy

Crunchtime: Pemex chief executive officer Octavio Romero Oropeza is in cost-cutting mode after trying to adhere to expansionary plans imposed by Mexico's President Andres Manuel Lopez Obrador (in background)
Crunchtime: Pemex chief executive officer Octavio Romero Oropeza is in cost-cutting mode after trying to adhere to expansionary plans imposed by Mexico's President Andres Manuel Lopez Obrador (in background)Photo: REUTERS/SCANPIX
  • Gareth Chetwynd
London
Published 22 July 2020, 15:53Updated 22 July 2020, 15:53
PemexMexicoSeadrillCOSLOctavio Romero